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Daily Trading Strategy [ADR + RSI = High Probability]

  • #741
  • Sep 8, 2020 7:28am Sep 8, 2020 7:28am
Good stuff guys/gals. Thanks

Here are 2 other indicators to give you options.

One is for Daily, Weekly, Monthly, Open Lines. It's limited to showing the past 35 days.

The other is a TMA, however, it does not Repaint, which can assist for backtesting.

Enjoy
Attached File(s)
File Type: mq4 D_W_MN_open_line.mq4   3 KB | 651 downloads
File Type: ex4 10.2 TMA slope true 4.30.ex4   10 KB | 663 downloads
  • #742
  • Sep 8, 2020 8:44am Sep 8, 2020 8:44am
My idea of making a profit, from yellow to yellow line, seems complete. below will show this week's story where you can see TP. Eur Gbp.

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  • #743
  • Sep 8, 2020 8:46am Sep 8, 2020 8:46am
My current trade is.
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  • #744
  • Sep 8, 2020 8:50am Sep 8, 2020 8:50am
Current profit within 6 weeks. of course without increasing the order batch.
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  • #745
  • Sep 8, 2020 8:56am Sep 8, 2020 8:56am
Quoting Jarass1080
My idea of making a profit, from yellow to yellow line, seems complete. below will show this week's story where you can see TP. Eur Gbp. {image}{image}
Hi, Jarass1080.
Good tradings! It's an amazing
I have a question.
if the price arrived at the yerrow line, where does the price go next ? same yerrow line on the opposite side? or new appeared yerrow line?
bestregards.
Thanks.
  • #746
  • Sep 8, 2020 9:11am Sep 8, 2020 9:11am
[quote = Akiroo; 13154673] {quote} Cześć, Jarass1080. Dobre transakcje! To niesamowite , mam pytanie. jeśli cena dotarła do linii yerrow, gdzie jest następna cena? ta sama linia yerrow po przeciwnej stronie? czy nowa pojawiła się linia yerrow? Z poważaniem. Dzięki. [/ Quote]

Of course, the price always goes to the yellow line, yellow lines often appear elsewhere after the start of the new week, so this needs to be analyzed. and remember the location in advance. But the price is in line with these lines.
  • #747
  • Sep 8, 2020 9:29am Sep 8, 2020 9:29am
I once showed my observations on daily ADR. when there is a mini tred downward the ADR on a new day must be lower In a mini uptrend it has to be higher. This gives me confirmation of what the new day will bring me.
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  • #748
  • Sep 8, 2020 10:37am Sep 8, 2020 10:37am
Hello everyone, today I've started testing this strategy on a demo account and out of the two trades I've found both ended up as a loss since I'm fairly new to this system I want to ask you guys what do you think about the entries are they valid entries? Just to double check if I understand the rules of this system correctly.

Thanks
with regards
Geeze
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  • #749
  • Sep 8, 2020 10:42am Sep 8, 2020 10:42am
Quoting Jarass1080
My idea of making a profit, from yellow to yellow line, seems complete. below will show this week's story where you can see TP. Eur Gbp. {image}{image}

You will blow up your account with real money
  • #750
  • Sep 8, 2020 10:46am Sep 8, 2020 10:46am
Quoting Jarass1080
I once showed my observations on daily ADR. when there is a mini tred downward the ADR on a new day must be lower In a mini uptrend it has to be higher. This gives me confirmation of what the new day will bring me. {image}
good looking, keep share your observation to us
Nothing to learn here
  • #751
  • Sep 8, 2020 10:46am Sep 8, 2020 10:46am
[quote = NoobM; 13154919] {quote} przystojny, podziel się z nami swoją obserwacją [/ quote]

I have been a traider for several years. My account has long since been blown up. This account is to encourage you to work because it's worth it.
  • #752
  • Sep 8, 2020 10:49am Sep 8, 2020 10:49am
From my next transactions, I increase the batch of orders and I will try to prove my dynamics.
  • #753
  • Sep 8, 2020 11:04am Sep 8, 2020 11:04am
Today, one of the colleagues shared other TMAs I let it paste on my own. And I don't think it's useful. There are two TMAs on my template for a reason. question of doubling up with them.
I think that nobody should take into account the TMA one on the higher interval on 1H.
  • #754
  • Sep 8, 2020 11:06am Sep 8, 2020 11:06am
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  • #755
  • Sep 8, 2020 12:15pm Sep 8, 2020 12:15pm
Quoting Jarass1080
I once showed my observations on daily ADR. when there is a mini tred downward the ADR on a new day must be lower In a mini uptrend it has to be higher. This gives me confirmation of what the new day will bring me. {image}
Hi Jarass, could you explain it deeper?
  • #756
  • Sep 8, 2020 12:23pm Sep 8, 2020 12:23pm
[quote = Beren; 13155062] {quote} Cześć Jarass, czy mógłbyś to wyjaśnić bardziej szczegółowo? [/ quote]

It seems to me that it can't be more. This is just a confirmation to consolidate your thought and direction to the yellow line.
  • #757
  • Sep 9, 2020 3:11am Sep 9, 2020 3:11am
I have just realized that the ADR indicator repaints. So it may not be good for back test. Has anyone experienced the same?
  • #758
  • Sep 9, 2020 4:23am Sep 9, 2020 4:23am
Quoting edwinjil
I have just realized that the ADR indicator repaints. So it may not be good for back test. Has anyone experienced the same?
ADR didnt repainted, it just worked like that, you cant expect it had day high and day low already
Nothing to learn here
  • #759
  • Sep 9, 2020 9:37am Sep 9, 2020 9:37am
So as I mentioned yesterday I increased the size of the lots.
And I pre-set a few limits.
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  • #760
  • Sep 9, 2020 9:43am Sep 9, 2020 9:43am
And once again I have to thank my colleague Fdosanchez. For providing the indicator and WT_SR-MTF settings. It seems to me that it is necessary to establish precise inputs.
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